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Technology Stocks : Micron Electronics (MUEI)

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To: joshi who wrote (2761)12/31/1997 7:07:00 PM
From: Sunny Jim  Read Replies (2) of 4074
 
This latest announcement raises a lot of questions for me. If they had a contract manufacturing division, why were they having systems built under contract with another supplier? why weren't they building them in their own contract facility? Now that they have sold their own contract manufacturer and canceled the contract with the outside contractor, where are they building systems? If their growth path is still on the 30% line, they are going to need capacity to build those systems. Finally, is the cancelling of a manufacturing contract worthy of it's own news release? Am I getting paranoid or is there something going on here? I would like to think that the sale of MUEI is going down, but the pieces of the puzzle dont fit very well. Comments?

Long MUEI
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